In conjunction with this investment, Oracle and Engine Yard expect to work closely together to provide cloud application developers with a greater choice of development and deployment options. The two companies are expected to connect their respective PaaS offerings to enable more rapid development of applications in a secure, reliable and scalable environment.

Developers can more efficiently extend their packaged applications to support additional business requirements and test, prototype and deploy new purpose-built applications without having to assemble and maintain the infrastructure.

Engine Yard will continue to operate as an independent company. Financial details of the investment were not disclosed.

"The partnership of Oracle and Engine Yard will provide developers with a choice of leading application development and deployment platforms,” said John Dillon, CEO, Engine Yard. “Oracle’s global scale and resources partnered with our deep expertise in deploying web-scale applications will provide enterprises with a complete and trusted application platform that enables them to easily leverage the power of the cloud.”

About Oracle

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